Sunday, December 9, 2012

The Year 2012 In Perspective

http://www.zerohedge.com/news/2012-12-09/year-2012-perspective

 If you tax a nation to death, destroy its capital markets, nourish its unemployment, condemn it to an expensive currency and give its corporations liquidity at stupidly low costs you can only expect one outcome: Defaults. The fact that they shall be addressed with even more US dollars coming from the Fed in no way justifies complacency.

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